RE:Canada and Critical MineralsBudcomags4,
Perhaps Canada would first do well to make sure to ban U.S. exported stupidity. Canada seems to have made a good initial move in that direction by showing Prime Minister Turdeau the door.
Canada is now heading into an election for Prime Minister before October 2025.
This Pierre Poilievre, the Conservative Party of Canada candidate, seems to be assured that he'd become the next Canadian Prime Minister, an outcome which would likely make Donald Trump et al very happy.
The Liberal Party of Canada is likely trying to pull off a recently attempted Democratic party leadership coup; and it's fitting that a former Deputy Prime Minister and former Federal Minister of Finance, who happens to be of Ukrainian descent, is the heir apparent.
After all, I can't remember when a democratically elected President of Ukraine wasn't subjected to being overthrown via a coup of some sort, so in that light, she fits the bill just right, lol!
All joking aside and in all seriousness though, Canada is in quite the pickle.
What's more, I simply don't want to understand why Northern Graphite Corporation is being treated by "the street" as though this company doesn't actually control the equity ownership of the only producing North American graphite mine, Lac des Illes, and everything else as well.
Why is the NGC.V share price seemingly always being made to fight an uphill battle just trying to gain and actually sustain a much higher share price?
Why Doesn't "Sprott" want to give the company and, as a result, the share price a serious leg up, doing so by way of taking up a much greater equity position in NGC at a decent NGC.V share price point?
"Sprott" doesn't even have to place another dollar behind such an effort.
All "Sprott" has to do is to convert half of it's owed debt into NGC.V equities priced at a nice quarter figure of $0.25. Doing so would have 'Sprott"demonstrating that Sprott" wants more than just the interest on monies owed. "Sprott" doing so would demonstrate that said NGC creditor wants to have the enterprise grown in order to lock down more profit for the company and for "Sprott" as well.
"Sprott" has to demonstrate that it is willing to support the growth of the company's various segments into collectively becoming representative of an actual Billion Dollar integrated enterprise.
Should "Sprott" not be willing to do so, "Sprott" should sell it's nearest to 100% creditor position to a publicly traded equities issuer that would - for a tidy profit being coupled with an equity position in the acquiring entity, the newly pole positioned NGC creditor.
Yes. All questions that make you go hmm?